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we have seen trillion-dollar deficits. the road this president has put us on looks like europe, which is not working and it will not work here. if the president is reelected, this president will have a trillion-dollar deficit every year, we will end up with a $20 trillion debt, and you do not see that money, you do not see that that, but you will be paying the interest on it all your lives, and then your kids will be paying for it, and you will be wondering why the government is doing this and it is racking up all the interest. he would take us down a path like europe. there are countries on the verge of fiscal collapse or calamity or crisis. that is the path he is taking us on. i will take us on a different course. i will help create 12 million new jobs and rising take-home pay. i will get us on track to a balanced budget. i will restore personal freedom in part by getting rid of "obamacare" and return to people the right they have to deal with their own health care with their own physicians. this president is trying to m
we have seen trillion-dollar deficits. the road this president has put us on looks like europe, which is not working and it will not work here. if the president is reelected, this president will have a trillion-dollar deficit every year, we will end up with a $20 trillion debt, and you do not see that money, you do not see that that, but you will be paying the interest on it all your lives, and then your kids will be paying for it, and you will be wondering why the government is doing this and...
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Oct 10, 2012
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some serious deficit reduction. and i think when he looks at the math, if the three choices if, what i've outlined is correct and almost every expert agrees, you can only have two of those. which is the one that even he might go for? i'm not saying he will say that tomorrow. but i don't think he'll be the president so it won't matter. but that's what i think. >> does this put pressure on your colleagues? >> you know, there's no pressure i can put on them. i can propose an idea and see people grasp it. if it helps move things forward, that is my intention and i hope that's what happens. >> i want to double-check in terms of major retirement entitlement reform. one of the big issues is raising the age. are you taking it off the table? >> no, i am not taking anything off the table. i have been personally against raising the age. i continue to be. i have never on any of these issues say i will not support this bill. i don't think raising the age will happen. i think there's a lot of opposition to it. >> you just mention
some serious deficit reduction. and i think when he looks at the math, if the three choices if, what i've outlined is correct and almost every expert agrees, you can only have two of those. which is the one that even he might go for? i'm not saying he will say that tomorrow. but i don't think he'll be the president so it won't matter. but that's what i think. >> does this put pressure on your colleagues? >> you know, there's no pressure i can put on them. i can propose an idea and...
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Oct 6, 2012
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when people talk about the deficit -- it is not the deficit or debt but joblessness which is the great crisis of our times. the deficit and debt did not arrive from some inaccurate conception. two unfunded wars, medicare part d. let them speak to that. mitt romney has it fantastical approach to arithmetic. at the bottom of it, there is a commitment and an ideology to insuring that the top 1% make out real well. those most vulnerable at the bottom of the society who need a helping hand in times of fiscal economic crisis are put aside. it is ideological and i think the term "common-sense" is a terrific one to achieve and try to revive that one as you talk to c-span and agitate your committee. host: let's go back to the bus. john, what is your question? >> how is mitt romney going to be able to win independent voters after he alienated them in the primary? guest: i think that debate over night, which you watched as a student of political science and journalism -- he pivoted to some of the positions that he explicitly set aside during the primaries, where he became truly one of the most --
when people talk about the deficit -- it is not the deficit or debt but joblessness which is the great crisis of our times. the deficit and debt did not arrive from some inaccurate conception. two unfunded wars, medicare part d. let them speak to that. mitt romney has it fantastical approach to arithmetic. at the bottom of it, there is a commitment and an ideology to insuring that the top 1% make out real well. those most vulnerable at the bottom of the society who need a helping hand in times...
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Oct 10, 2012
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who knew he was driving our deficit? elmo is making a run for the border and oscar is hiding in a trash can. governor romney will let wall street run rampant but he will bring down the hammer on sesame street. that is not leadership. that is salesmanship. we cannot afford it,. we cannot afford to double down on top down economics. we cannot afford another round of tax cuts for the well. we cannot afford to roll back regulations on wall street banks or insurance company. we cannot afford to cut our investments in education or clean energy or research or technology. that's not a jobs plan. does not plan to grow the economy. that is not change. that is a relapse. we have been there and we have tried that. we are not going back, we are moving for. that's why i'm running for a second term as president of the united states. -- we are moving forward. [cheers and applause] we've got a different view about how to create jobs and prosperity in america. a strong economy does not trickled down from the top. it grows from a thriving
who knew he was driving our deficit? elmo is making a run for the border and oscar is hiding in a trash can. governor romney will let wall street run rampant but he will bring down the hammer on sesame street. that is not leadership. that is salesmanship. we cannot afford it,. we cannot afford to double down on top down economics. we cannot afford another round of tax cuts for the well. we cannot afford to roll back regulations on wall street banks or insurance company. we cannot afford to cut...
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Oct 9, 2012
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resolve the trade deficit by china by combating protectionism, something mr. obama is afraid to do. develop domestic oil and gas, something mr. obama feels is immoral, and something that, and, essentially, have some smart regulation on wall street. not layer upon layer upon layer of endless nonsense that keeps you from making loans. jenna: charlie, is it simply a change of administration? peter's pointed to that, you've got to get someone with a different paradigm in there. is that all it is? is it that simpling, quote-unquote? >> i will say this, by the i -- way, corporate america is better. business leaders are worried about a lot of stuff in terms of fiscal policy coming out of this administration. >> right. >> they believe this administration is anti-business. and by the way, just be fair about this for a second. what has barack obama and joe biden offered the country? the buffet tax. and that will -- buffett tax, that will tell you everything you need the know. jenna: we'll try to arrange that. charlie and peter, nice of to have you both today. >> take care. jon: all right. let
resolve the trade deficit by china by combating protectionism, something mr. obama is afraid to do. develop domestic oil and gas, something mr. obama feels is immoral, and something that, and, essentially, have some smart regulation on wall street. not layer upon layer upon layer of endless nonsense that keeps you from making loans. jenna: charlie, is it simply a change of administration? peter's pointed to that, you've got to get someone with a different paradigm in there. is that all it is?...
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Oct 10, 2012
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romney's tax cuts will add $5 trillion to the tax cuts. >> if it's true it's not going to add to the deficit, that leaves only one option. that's asking middle class families to foot the bill. >> the president's charge of a $5 trillion tax cut is obviously inaccurate and wrong. >> reporter: romney also in ohio mocked the obama campaign's latest add to cut funding for pbs. >> big bird. big bird. he's focused on saving big bird. it's kind of a strange thing in my view because i'm focused on helping the american people get good jobs. >> reporter: sesame street asked the president to pull the big bird ad. >> twice in the six month lead up you had bombings at our compound there in benghazi and it's 9/11 in libya. what other warnings do you need? >> reporter: warnings for president obama romney's closing the gap. the latest poll, reuters has them tied, gallup has him up by 2 and q has them up by 4. >> reporter: we were talking about polls in the battleground state. it also looks like according to other polls that pennsylvania and michigan may no longer be safe bets for the president. lynn? >> trac
romney's tax cuts will add $5 trillion to the tax cuts. >> if it's true it's not going to add to the deficit, that leaves only one option. that's asking middle class families to foot the bill. >> the president's charge of a $5 trillion tax cut is obviously inaccurate and wrong. >> reporter: romney also in ohio mocked the obama campaign's latest add to cut funding for pbs. >> big bird. big bird. he's focused on saving big bird. it's kind of a strange thing in my view...
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Oct 14, 2012
10/12
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the deficit is my -- my question is about the deficit. would you define in specific dollar goals how much you would reduce the deficit in each of the four years of a clinton administration and then enter into a legally binding contract with the american people that if you did not achieve those goals, that you would not seek a second term? answer yes or no and then comment on your answer, please. >> no, and here's why. and i'll tell you exactly why. because the deficit now has been building up for 12 years. i'll tell you exactly what i think can be done. i think we can bring it down by 50 percent in four years and grow the economy. now, i could get rid of it in four years in theory on the books now, but to do it, you'd have to raise taxes too much and cut benefits too much to people who need them. and it would even make the economy worse. mr. perot will tell you, for example, that the expert he hired to analyze his plan said that it will bring the deficit down in five years, but it will make unemployment bad for four more years. >> mr. pre
the deficit is my -- my question is about the deficit. would you define in specific dollar goals how much you would reduce the deficit in each of the four years of a clinton administration and then enter into a legally binding contract with the american people that if you did not achieve those goals, that you would not seek a second term? answer yes or no and then comment on your answer, please. >> no, and here's why. and i'll tell you exactly why. because the deficit now has been...
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Oct 12, 2012
10/12
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the deficit $207 billion less than last year. the congressional budget office estimates close to 7% of our nations gross domestic product. meanwhile, apple expected to unveil its mini ipad at an invitation-only event october 23 according to all things digital. days before microsoft unveiled a new surface tablet and operating system windows 8. there has been much speculation apple was planning a smaller, less expensive version of its popular ipad. lowe's stock on the rise after ubf confirmed that by rating. seeing a growing housing market in turn would help drive earnings higher. continuing our "countdown to the closing bell" with liz claman. liz: one day after its ipo, shares of one company workday are up big. when you look at a company that does these things and has a good product in a good service, that is all it takes. lauren: it is actually the biggest tech ipo since facebook went public back in may. workday having a fantastic day, surging 78% right now. a really pretty logo. just under $50, the software company, the market c
the deficit $207 billion less than last year. the congressional budget office estimates close to 7% of our nations gross domestic product. meanwhile, apple expected to unveil its mini ipad at an invitation-only event october 23 according to all things digital. days before microsoft unveiled a new surface tablet and operating system windows 8. there has been much speculation apple was planning a smaller, less expensive version of its popular ipad. lowe's stock on the rise after ubf confirmed...
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and we're in yemen and all these places and this is at a staggering cost which is causing the budget deficit we have a national security budget without one going to rouge trillion dollars. taking over the entire program and mentioning everything i want to mention so let me go to christopher's so everything's constructed consensus is already constructed before people vote this is essentially what bruce is saying. i totally disagree with bruce and with nicholas i think there's a huge choice a huge difference in the outcome of this election if romney wins if the republicans win the white house they will also probably keep the majority in the house and wins a majority in the senate and if the republicans control all the important political positions the white house the senate and see house then you will see a huge difference america has a huge dept more than sixteen billion dollars that is more than one hundred percent of g.d.p. and the next four years will be about who pays for that and i can tell you it will be a huge difference was obama controls the white house or mitt romney controls the wh
and we're in yemen and all these places and this is at a staggering cost which is causing the budget deficit we have a national security budget without one going to rouge trillion dollars. taking over the entire program and mentioning everything i want to mention so let me go to christopher's so everything's constructed consensus is already constructed before people vote this is essentially what bruce is saying. i totally disagree with bruce and with nicholas i think there's a huge choice a...
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that is a big problem but when you come to the question what are they willing to do to cut the deficit then for the republicans it's even worse they want to slash taxes for the rich and obama and the democrats want to raise taxes for the people who can really afford to pay a little bit more ok because of your last word before we go and before we go to the break or hand gentlemen. well the facts are that we don't know what obama would do a second term in the first term is very constrained to a large extent by getting elected in a second term and the other one people overlook is they see obama as a standard mainstream american that they grew up in hawaii in a very different culture we don't know what barack obama really expects that is quite possible that he's a populist on the scale ok gentlemen we have to go to a short break and after that shot break we'll continue our discussion on the us political system stay starting. and you can. see. wealthy british scientists are saying it's not time to time. markets finance scandals find out what's really happening to the global economy for our
that is a big problem but when you come to the question what are they willing to do to cut the deficit then for the republicans it's even worse they want to slash taxes for the rich and obama and the democrats want to raise taxes for the people who can really afford to pay a little bit more ok because of your last word before we go and before we go to the break or hand gentlemen. well the facts are that we don't know what obama would do a second term in the first term is very constrained to a...
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so mitt romney will cut the deficit by doing something that will add to the deficit. the other thing he brought up, pbs. the only specific that mitt romney gave in terms of how he will cut the deficit. the only detail he provided was that he would eliminate 1/100th of 1% of the budget. there have been lots of attempts to put the number in sper perspective. here's more. >> the federal share of the corporation for public broadcasting is about $450 million this year. that $450 million is about what the pentagon spends every six hours. >> six hours. to be clear, mr. romney and mr. ryan's idea for the deficit to save the country from fiscal disaster and pay for the stuff they want to do that's really expensive, their plan is to eliminate six hour's worth of defense spending. one-fourth of one day's worth of defense spending. at the same time, to make overall defense spending go like this. because, you know, they are the numbers guys. math. >>> i just find it troubling that the president's message -- the president's focus -- 28 days from election day is big bird. >> these a
so mitt romney will cut the deficit by doing something that will add to the deficit. the other thing he brought up, pbs. the only specific that mitt romney gave in terms of how he will cut the deficit. the only detail he provided was that he would eliminate 1/100th of 1% of the budget. there have been lots of attempts to put the number in sper perspective. here's more. >> the federal share of the corporation for public broadcasting is about $450 million this year. that $450 million is...
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will miss its deficit targets this year for leader of the u.k. and dependents party says david cameron's policies are not bringing any meaningful change to the recession ravaged economy. you know when david cameron talks about a stare as he what he fails to tell you is that we continue every year to run a massive budget deficit and by the end of his five years as prime minister but nationally deaths in the u.k. will have increased by fifty percent so i think we'll have an entirely false debate david cameron is calling the british public into thinking that he's actually really cutting back at the levels of debt you know and it's not true i think that the david cameron and george osborne combination. together a coalition telling us they were going to deal with debt in this country they have absolutely failed to do so they haven't dealt with the deficit they haven't got growth coming back into the british economy a lot of the thing is a dramatic failure and unless things turn around that i think the conservative party is in for a really terrible res
will miss its deficit targets this year for leader of the u.k. and dependents party says david cameron's policies are not bringing any meaningful change to the recession ravaged economy. you know when david cameron talks about a stare as he what he fails to tell you is that we continue every year to run a massive budget deficit and by the end of his five years as prime minister but nationally deaths in the u.k. will have increased by fifty percent so i think we'll have an entirely false debate...
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. >> your also worried about the deficit. clearly america has large and ever-growing deficits. the proposed a tax cut. that is defecit spending. >> this is a two-step deal. everybody knows we need the big deal. we talk about that and 30 seconds. we're not going to get to the big deal by jumping off the bridge. what we're saying is that it is not the right thing to do to have the largest tax increase in the history of america and to have up $1.20 trillion worth of spending cuts that do not even look at medicare and medicaid across the board without thinking through what is the deal is going to be. anybody from either party should come to a realization that the big deal counts. all we need to do is get a small part of an extension. when you talk about these taxes and spending, it cannot be done by 10 people in the back room. it has to be done in normal order. they are the only people that understand what you're in those bills. >> to and if you really think we're going to jump off a fiscal cliff? >> i think it is at least that the tax cut scheduled to expire to expire. maybe sligh
. >> your also worried about the deficit. clearly america has large and ever-growing deficits. the proposed a tax cut. that is defecit spending. >> this is a two-step deal. everybody knows we need the big deal. we talk about that and 30 seconds. we're not going to get to the big deal by jumping off the bridge. what we're saying is that it is not the right thing to do to have the largest tax increase in the history of america and to have up $1.20 trillion worth of spending cuts that...
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. >> if it's true that it's not going to add to the deficit, that leaves only one option and that's asking middle class families to foot bill. >> reporter: the president's charge of a $5 trillion tax cut is obviously inaccurate and wrong. >> reporter: romney also in ohio mocked the obama campaign's mocking his plan to cut funds for pbs. >> big bird. >> big bird. >> big bird. >> he's focused on saving big bird. kind of a strange thing in my view because you see i'm focused on helping the american people get good jobs. >> reporter: sesame's street now asked the obama campaign to pull the big bird ad, yet there are weightier questions here as congress looks in to whether the u.s. was warned of the deadly libya attack. >> twice in the six month lead up, you had bombings at our compound there in benghazi and it's 9/11 in libya. what other warnings do you need? >> reporter: warnings of trouble now for president obama, romney's closing the gap. the latest polls, reuters has them tied. gallup has romney up by two. pew has him up by four. and we were talking about the polls in the balgtd ground sta
. >> if it's true that it's not going to add to the deficit, that leaves only one option and that's asking middle class families to foot bill. >> reporter: the president's charge of a $5 trillion tax cut is obviously inaccurate and wrong. >> reporter: romney also in ohio mocked the obama campaign's mocking his plan to cut funds for pbs. >> big bird. >> big bird. >> big bird. >> he's focused on saving big bird. kind of a strange thing in my view because...
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we did not seek to reduce the deficit. simpson-bowles seeks to cut the top rate and reduce the deficit but did not shield the middle class. we need a third approach that project -- prioritizes reducing the deficit and protecting the middle class and is willing to forgo a reduction in the top rate and that is what i am proposing today. what should this proposal look like? it would have three principles -- first, as in 1986, it still makes sense to reduce the number of expenditures in the code to the extent possible. in figuring out which credits and deductions to eliminate, we must draw a line when it comes to protecting the middle class. we must understand that many of the expenditures in the tax code are not loopholes at all. tax preferences, things like a college education and retirement savings belong in the tax code even after reform happens. they were put in the code on purpose, to make a middle-class lifestyle accessible and sustainable for american families. tax reform recognized this in 1986. even as we cleared out
we did not seek to reduce the deficit. simpson-bowles seeks to cut the top rate and reduce the deficit but did not shield the middle class. we need a third approach that project -- prioritizes reducing the deficit and protecting the middle class and is willing to forgo a reduction in the top rate and that is what i am proposing today. what should this proposal look like? it would have three principles -- first, as in 1986, it still makes sense to reduce the number of expenditures in the code to...
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Oct 12, 2012
10/12
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, but it also will be mindful of the education deficit, also mindful of the infrastructure deficit and mindful of the competitive deficit, and we have to recognize there's many different kinds of deficits of which the financial deficit is only one. >> i think that's a fantastic ending for your talk today. thank you so much, larry. [applause] >> two presidential debates coming up. >> defense secretary says the u.s. space has the possibility of a close cyber pearl harbor that could shut down the transportation system, military networks, and military systems. secretary panetta's remarks came yesterday in new york city. >> frank, five words. you deserve to be here. [applause] ladies and gentlemen, it is now and high honor to introduce the most talented, versatile, and experienced leaders in american government, a man who serves our country by meeting the extraordinary challenges of our times. i am sure secretary of defense, leon panetta thinks on his days in the u.s. army intelligence where he received the army accommodation metal. he chaired the house budget committee before moving on to
, but it also will be mindful of the education deficit, also mindful of the infrastructure deficit and mindful of the competitive deficit, and we have to recognize there's many different kinds of deficits of which the financial deficit is only one. >> i think that's a fantastic ending for your talk today. thank you so much, larry. [applause] >> two presidential debates coming up. >> defense secretary says the u.s. space has the possibility of a close cyber pearl harbor that...
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is protected it confirms that we've had trillion dollar deficits the last four years should we trust the cvo numbers now it's like they conveniently pick and choose there doesn't need to the job truth is they don't exist i agree with s.e. i mean politico optically this looks good politically for the president's below eight percent it kind of takes it disarms a republican to say forty four straight months of unemployment above eight percent but really the numbers still suck i mean you've got your six which is still about fourteen percent these are all the wage jobs but this isn't because of barack obama i mean this is going to be there and don't forget also you know you think that this just suddenly happen from poor years that we're in this collapsing economy that there's no jobs through there is on this panel right now it's disingenuous to say that these job numbers are so disasters of the over that the president cooked the books on these the job numbers are fairly clear but the thing is is that if you look at obama's mindset between two thousand and eight obama and two thousand and
is protected it confirms that we've had trillion dollar deficits the last four years should we trust the cvo numbers now it's like they conveniently pick and choose there doesn't need to the job truth is they don't exist i agree with s.e. i mean politico optically this looks good politically for the president's below eight percent it kind of takes it disarms a republican to say forty four straight months of unemployment above eight percent but really the numbers still suck i mean you've got...
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we believe millionaires should pay their fair share in order to reduce the deficit. jon: but isn't it true that the president's, isn't it true that the president's tax plans calls for increasing taxes on those, $250,000? >> he was providing an example of who he asked to pay their fair share in order to reduce the deficit. if you make $250,000, or less, your taxes won't go up. that is contrast with governor romney and congressman ryan who charged the average middle class family with kids $2,000 in order to pay for their tax cut for the wealthiest americans. jon: i want to play a quick clip from my colleague chris wallace and get your reaction. >> i think i have watched almost every presidential and vice-presidential debate since the first four kennedy-nixon debates in 1960, thinking back over the last few minutes i don't believe i have ever seen a debate in which one participant was openly disrespectful of the other as biden was to paul ryan tonight. that's what it was. you can talk about the smirks, smiles, head shaking, the mugging, it was openly, contemptuous and d
we believe millionaires should pay their fair share in order to reduce the deficit. jon: but isn't it true that the president's, isn't it true that the president's tax plans calls for increasing taxes on those, $250,000? >> he was providing an example of who he asked to pay their fair share in order to reduce the deficit. if you make $250,000, or less, your taxes won't go up. that is contrast with governor romney and congressman ryan who charged the average middle class family with kids...
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Oct 7, 2012
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adds to the deficit. deficit. i want to reduce the burden americans. i cannot reduce the burden paid by high-income americans. not accurate. >> let's talk about taxes. it is instructive. four years ago when i stood on the stage, i said that i would cut taxes for middle-class families. that is what i did. we cut taxes for middle-class families by about $3,600. we do best when the middle class is doing well. they are in a better position to through. they can buy a computer for their kid who goes to college, which means they spend more money. calls for a $5 trillion cut. he is saying he will pay for it deductions. he has been asked how he would deductions. them. when you add up all the loopholes and deductions that all away. you do not come close to paying for $5 trillion. that is why independent studies looking at this said the only way to meet governor romney's deficit or not adding to theclass families. where people at the top are doing well while middle-class families are burdened further, that is not what i believe is a recipe for economic growth. >>
adds to the deficit. deficit. i want to reduce the burden americans. i cannot reduce the burden paid by high-income americans. not accurate. >> let's talk about taxes. it is instructive. four years ago when i stood on the stage, i said that i would cut taxes for middle-class families. that is what i did. we cut taxes for middle-class families by about $3,600. we do best when the middle class is doing well. they are in a better position to through. they can buy a computer for their kid who...
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Oct 9, 2012
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clearly america has large and ever-growing deficits. you propose a tax cut. that's deficit spending. >> wait a minute. first of all, this is a two-step deal. everybody knows we need the big deal and we talk about that in 30 seconds. but we're not going to get to the big deal by jumping off the bridge. and what we are saying is it is not the right thing to do you have the largest tax increase in history of america and to have $1.2 trillion worth of spending cuts that don't even look at medicare and medicaid. across the board without thinking through what this big deal is going to be. and anybody from either party hould come to a realization that the big deal counts. all we need to do is get a small part of an extension, six months, what ever does, and we'll get there. remember, when you talk about these taxes and the suspended, it can't be done by 10 people in the back of the room. and has to be a normal order on the hill because they are the only people that understands what are in those bills. >> do any of you really think we'll jump off a fiscal cliff? or d
clearly america has large and ever-growing deficits. you propose a tax cut. that's deficit spending. >> wait a minute. first of all, this is a two-step deal. everybody knows we need the big deal and we talk about that in 30 seconds. but we're not going to get to the big deal by jumping off the bridge. and what we are saying is it is not the right thing to do you have the largest tax increase in history of america and to have $1.2 trillion worth of spending cuts that don't even look at...
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ryan had voted to put the iraq and afghanistan wars on the credit card helping to cause the deficit is actually right he was right about that he didn't bother say the democrats will report he tried to pose as a political conservative by same i want to leave afghanistan do it he'll save american taxpayers eight hundred billion dollars. if they had real cuts we could save on more than that is the simpson bowles commission had suggested right and of course treated as a political football by saying you know we want to make the american navy smaller than it was before world war one to witness is not what the way to peace only strength is the way to peace yet paul ryan channel seemed to be out front of military for rays hinting at so prolonged stay in afghanistan action against iran even see what do you make of that why yes. he's one of the ones who says that the only way to pieces by total world domination by total military power. and. at the same time is claiming that he's a fiscal conservative and is going to save the country from budget deficits it's a total lie. we are wasting vast amou
ryan had voted to put the iraq and afghanistan wars on the credit card helping to cause the deficit is actually right he was right about that he didn't bother say the democrats will report he tried to pose as a political conservative by same i want to leave afghanistan do it he'll save american taxpayers eight hundred billion dollars. if they had real cuts we could save on more than that is the simpson bowles commission had suggested right and of course treated as a political football by saying...
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i think that the issue of deficit spending in the enormous debt in the u.s. is for sure an issue i think that it's something that needs to be addressed i think so many of these issues with the dead in the debt overhang and what that creates in the economy kind of creates these situations then we do see people protesting in the streets along with kleptocracy and the kind of programs that bail out banks mind you so there is that issue but i do think that there's this kind of political rhetoric that i hear where you hear politicians like newt gingrich or pundits saying the u.s. is great and i do think that's kind of a disingenuous talking point because the u.s. isn't greece the u.s. is not stuck in a currency zone where it has zero control of its monetary policy i mean love it or hate it the u.s. does have a fed printing money and setting interest rates also the u.s. . the global reserve currency and the u.s. is benefiting from kind of a weird global situation where the u.s. dollar and u.s. debt is kind of a safe haven even though many people would argue that ul
i think that the issue of deficit spending in the enormous debt in the u.s. is for sure an issue i think that it's something that needs to be addressed i think so many of these issues with the dead in the debt overhang and what that creates in the economy kind of creates these situations then we do see people protesting in the streets along with kleptocracy and the kind of programs that bail out banks mind you so there is that issue but i do think that there's this kind of political rhetoric...
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Oct 9, 2012
10/12
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WTTG
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. >> obama's four deficits are the four largest in history. >> reporter: with the debate performance showing up in the polls, it's putting more importance on the next two debates to come and looking ahead to tonight, both president obama and mitt romney are campaigning in ohio this evening. the president in columbus across the state, mitt romney near youngstown, one in the state and he will be joined by new jersey governor chris christy. >>> you heard it there and that is probably one of the most quoted clips. >> mitt romney sharing his desire to cut funding for pbs and its beloved character, big bird, of course. the obama campaign is out with a new tv ad going out with the line. >> gluttons of greed and the even genius who towered over them. one man has the guts to speak his name. >> big bird, big third, big bird. >> it's me, big bird. >> big, yellow, a menace to our economy. mitt romney knows it's not wall street you have to worry about, it'ses is me street. >> i'm going to stop the subsidy to pbs. >> reporter: mitt romney taking on the enemies no matter what is next. >> and theysh
. >> obama's four deficits are the four largest in history. >> reporter: with the debate performance showing up in the polls, it's putting more importance on the next two debates to come and looking ahead to tonight, both president obama and mitt romney are campaigning in ohio this evening. the president in columbus across the state, mitt romney near youngstown, one in the state and he will be joined by new jersey governor chris christy. >>> you heard it there and that is...
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Oct 8, 2012
10/12
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CSPAN
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our national deficit has grown through $16 trillion. the president said he was gone to cut that in half, but it doubled under his watch. very disturbing is that when the president came into office there were 32 million americans on food stamps. today its 47 million. there is still an incredible number of ohioans and americans out there struggling. the choice is clear. we can have four more years like the last of zero four. what america needs is a real recovery. only romney and ryan can provide that. host: when the president took office we were losing 800,000 jobs a month. since the president took office, we have 5.5 million additional jobs. truck about the automobile recovering, he saved the automobile industry and 1/88 jobs in the state are reflective of the auto industry. i worked the railroad 41 years. the guys and women working there, they're happy, jumping up and down because they have employment. one out of eight jobs are connected to the auto industry. not only that, the government at the time, strickland, and the president came
our national deficit has grown through $16 trillion. the president said he was gone to cut that in half, but it doubled under his watch. very disturbing is that when the president came into office there were 32 million americans on food stamps. today its 47 million. there is still an incredible number of ohioans and americans out there struggling. the choice is clear. we can have four more years like the last of zero four. what america needs is a real recovery. only romney and ryan can provide...
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Oct 9, 2012
10/12
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MSNBCW
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-- new deficit neutral. no cost to the deficit and cutting $5 trillion mainly for the wealthy. let's watch. >> with regards to that tax cut, look, i'm not looking to cut massive taxes and to reduce the revenues going to the government. my number one principle is there will be no tax cut that adds to the deficit. i want to underline that. no tax cut that adds to the deficit. >> paul ryan just days before the debate last week directly contradicted romney. ryan said lowering the tax rates was more important than anything else, including getting rid of those deductions to pay for them supposedly. let's watch. >> what's most important to romney, what would he scale back on the 20% tax cut for the wealthy? would he scale back and say, okay, we're going to have to raise taxes for the middle class? i guess the question is what's most important to him in his tax reform plan -- >> keeping tax rates down. by lowering tax rates, people keep more of the next dollar they earn. >> that's more important -- >> that's more im
-- new deficit neutral. no cost to the deficit and cutting $5 trillion mainly for the wealthy. let's watch. >> with regards to that tax cut, look, i'm not looking to cut massive taxes and to reduce the revenues going to the government. my number one principle is there will be no tax cut that adds to the deficit. i want to underline that. no tax cut that adds to the deficit. >> paul ryan just days before the debate last week directly contradicted romney. ryan said lowering the tax...
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Oct 13, 2012
10/12
by
CSPAN
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deficit-reduction has to be balanced. there's no way to do this without spending cuts and some additional revenue. linda mcmahon signed this pledge to grover norquist saying that she would never vote for any revenue increases into the federal government. we do not need to send someone to washington who will be part of the obstruction. we need to bring people together and recognize you have to be serious about spending cuts. the approach has to be balanced. >> we cannot close the dead by not reducing spending. what he describes is a very dim view of the american economy. my plan will cut taxes for the middle class and put them back to work. they will have money in their pockets. they will pay more + taxes. it is growth in the economy. my plan is a pro-growth plan. we make our businesses competitive. we allow our job traders to continue to create jobs. our economy will grow. we have deficit reduction. we put people back to work. when people have money in their pocket, they buy more goods and services. when they buy more goo
deficit-reduction has to be balanced. there's no way to do this without spending cuts and some additional revenue. linda mcmahon signed this pledge to grover norquist saying that she would never vote for any revenue increases into the federal government. we do not need to send someone to washington who will be part of the obstruction. we need to bring people together and recognize you have to be serious about spending cuts. the approach has to be balanced. >> we cannot close the dead by...
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doesn't have a majority in flanders and that's of course is a big problem it's a problem of democratic deficit and this means this government doesn't have a real democratic legitimacy in flanders voted for come something completely different that we are getting now with this federal government and funders is an economic economically socially well powerful prosperous region we have we are already if we have a flemish nation we have a french people you have to know that belgium is an artificial country it's really two separate countries already within belgium we see a completely different political consensus on the federation on the world will lose side. flanders would be perfectly able to have to have an independent state and be a member of the you know european union. turkey has now closed there is a space a syrian civilian flights echoing a similar move by damascus that's after turkey intercepted a syrian passenger plane last to wayne state claiming it was a carrying russian made munitions for government forces moscow says the cargo was only electronic equipment for radio stations and all of
doesn't have a majority in flanders and that's of course is a big problem it's a problem of democratic deficit and this means this government doesn't have a real democratic legitimacy in flanders voted for come something completely different that we are getting now with this federal government and funders is an economic economically socially well powerful prosperous region we have we are already if we have a flemish nation we have a french people you have to know that belgium is an artificial...
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Oct 6, 2012
10/12
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WJLA
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because according to experts, he'd have to raise taxes on the middle class - or increasthe deficit to pay for it. if we can't trust him here... how could we ever trust him here? ♪ >>> i was wondering what dogs song we were going to pick for this story. loyalty is one of the reasons we love dogs. what this dog, whose named zander, tried to do was truly extraordinary. when zander's owner went to the hospital, he tracked him down. i was playing with zander. turns out, white shedding dogs and black suits, don't go so well. >> everybody in the studio is falling in love with zander this morning. good morning, america. i'm bianna golodryga, along with dan harris on this saturday, october 6th. >>> also this morning, the iconic game show, "the price is right," is doing something it's never done before. the show has been a favorite for decades. known as much for the models as the amazing prizes. you may be amazed seeing the newest face. >> i loved being sick on sick days watching "the price is right." >>> we're going to start with a teacher/student sex scandal, one that allegedly goes all the
because according to experts, he'd have to raise taxes on the middle class - or increasthe deficit to pay for it. if we can't trust him here... how could we ever trust him here? ♪ >>> i was wondering what dogs song we were going to pick for this story. loyalty is one of the reasons we love dogs. what this dog, whose named zander, tried to do was truly extraordinary. when zander's owner went to the hospital, he tracked him down. i was playing with zander. turns out, white shedding...
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minute to go through the numbers we're speaking right now i currently have a seven point three public deficit and a public debt over one hundred sixty percent of the greek g.d.p. this is exactly the same for said percentage of public debt we had before the unusual story package in the ne shal be live in the meanwhile unemployment has reached twenty five percent and within the younger population it has skyrocketed to what are the first sentence. people as you're saying we have seen no major reduction in the debt despite a well medicated onslaught of bailouts here but if i may for a moment athens is bracing for large scale protests for tuesday when angela merkel visits public gatherings in the center which houses the german embassy and the greek parliament for britain for the first time in decades why now they forbidding such demonstrations to take place indeed this is a very interesting question we have just received a couple of hours ago a communique did chris from the police. for a building basically. prohibiting the attendance of the public to the products so this means that you will have a
minute to go through the numbers we're speaking right now i currently have a seven point three public deficit and a public debt over one hundred sixty percent of the greek g.d.p. this is exactly the same for said percentage of public debt we had before the unusual story package in the ne shal be live in the meanwhile unemployment has reached twenty five percent and within the younger population it has skyrocketed to what are the first sentence. people as you're saying we have seen no major...